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Is down over 15 in after hours trading. Erin delmore explains why. Meta Ceo Mark Zuckerberg piqued investors interest when he predicted 2023 would be the year of efficiency, and he won them over when he delivered on it. The stock nearly tripled last year. This year, meta shares are up another a0 . But on wednesday, meta released its First Quarter Earnings Report and shares initially slumped during after hours trading. Facebook� s Parent Company did Beat Expectations on revenue and earnings, but it disappointed on its Revenue Forecast for the Second Quarter of the year. Higher expenses also w...

"I have never seen anything like this in terms of the dramatic earnings acceleration it's displaying," says Nick Griffin, CIO of Munro Partners.

The Dow Jones Industrial Average hit 40,000 points for the first time, though it fell back before closing.

It's good practice for investors to think beyond the Mag Seven, say the CEOs of Apollo and Avenue Capital Group.

Dan Loeb bet on one of the cheaper Magnificent Seven stocks as an underrated AI play.